• E42: Passive Income Strategies with Whitney Elkins-Hutten

  • Feb 2 2024
  • Duración: 39 m
  • Podcast

E42: Passive Income Strategies with Whitney Elkins-Hutten

  • Resumen

  • Summary

    Whitney Elkins-Hutten, an investor in real estate and the director of investor education at passiveinvesting.com, discusses the concept of passive investing and its benefits. She explains the mindset shift required when transitioning from active investing to passive investing and emphasizes the importance of finding reliable operators. Whitney also shares insights on investing in short-term rentals, the significance of cash flow, and the considerations for investing in Airbnb. She provides guidance on getting started with passive investing and highlights the value of passing on wealth and knowledge to future generations. Whitney concludes by introducing passiveinvesting.com and the Passive Investor Club.

    Takeaways
    - Passive investing requires a mindset shift from active investing and involves finding reliable operators to manage investments.
    - Cash flow is a crucial aspect of investing and indicates stability and the ability to weather challenging times.
    -Investing in short-term rentals, such as Airbnb, can be lucrative but requires careful consideration of local laws and market conditions.
    - Passive investing offers the opportunity to invest in a variety of assets and benefit from the expertise of experienced operators.
    - Educating oneself and understanding the objectives, rules, and strategies of investing are essential before getting started with passive investing.


    Pre-order Whitney's book - https://get.biggerpockets.com/whitney/
    https://www.passiveinvesting.com/welcome-whitney/
    Ash Wealth Show - https://www.youtube.com/watch?v=x2oeLtPzrYg&list=UULFxcyAaZy9FhwhkWKiH4GV7A



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